Category: Currency

Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading....

SAN CRISTOBAL/CARACAS (Reuters) – Robbers and looters are targeting trucks carrying food across Venezuela in another sign of worsening shortages that have turned basics like flour and chicken into coveted booty. Crime has long...

Sorry, America. China just overtook the US to become the world’s largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the change. He also alerted us in...

Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may...

Steve Forbes: Link dollar to gold or face Great Depression II Influential financial publisher and former presidential candidate Steve Forbes is out with a new warning that the U.S. faces an economic catastrophe due...

London is pushing to become the Western capital for sharia finance in spite of the many potential ​dangers​. This past November, London hosted the 2013 World Islamic Economic Forum. Speaking at that event, Prime...

Russia’s President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China. The deal between Russia’s Gazprom and China National Petroleum Corp (CNPC) has been 10 years in the making. Russia has...